Visiting Angels FDD Summary
Type of Business
You will operate a Franchised Business which provides non-medical home care giving services to elderly or convalescing clients in their homes.
Corporate Information
LIVING ASSISTANCE SERVICED INC. is a corporation of the State of Delaware. They were incorporated September 25, 1998. They do business under the name “VISITING ANGELS, Living Assistance Services” or “VISITING ANGELS”. Their principal place of business is: 28 W. Eagle Road, Suite 204, Havertown, PA 19083.
Investment
The total investment necessary to begin operation of a Visiting Angels franchise is $60,750 to $98,500. This includes $34,950 to $57, 950 that must be paid to the franchisor or affiliate. The Initial Franchise Fee for a VISITING ANGELS franchise is $34,950 for a protected territory of up to 100,000 population, $42,950 for a protected territory of up to 200,000 population, $57,950 for a protected territory of up to 325,000 population (additional protected territory in amounts greater than 200K population and less than 325K population may be purchased for an additional $2,150 for each additional 10,000 population). This sum does not include rent for a business location but does include working capital for the first year.